Advertisement
Categories: BusinessNewsPakistan

Pakistan Considers Carbon Levy in Budget Talks

Advertisement

Pakistan is exploring the introduction of a carbon levy in its 2025-26 budget, with discussions set to take place during an upcoming visit by the International Monetary Fund (IMF), according to sources.

An IMF delegation is scheduled to arrive in Pakistan on February 28, following preliminary technical discussions with federal and provincial officials from February 24 to 28. The agenda includes green budgeting, climate-related expenditures, and the proposed carbon levy.

The IMF team is also expected to present recommendations on expanding green budgeting in Pakistan’s fiscal framework. The government hopes to secure a concessional loan package valued between $1 billion and $1.5 billion, contingent on the outcome of negotiations with the lender.

Advertisement
News Desk

Recent Posts

Pakistan to Witness Nearly 7 Million Animal Sacrifices on Eid-ul-Adha

Pakistan is expected to witness the sacrifice of more than 6.97 million animals during Eid-ul-Adha…

1 day ago

US Tech Fund commits $10 million to 2 Pakistani IT entrepreneurs

Pakistan's two IT entrepreneurs-- Mehwish Salman Ali and Malik Mudassir—will receive funding of $10 million…

1 day ago

Spotify’s Fresh Finds Celebrates a Decade of Discovering Breakout Talent

Spotify has announced a major milestone for 2025 - 10 years of Fresh Finds, the…

2 days ago

Sindh Govt Bans Qingqi Rickshaws in Karachi, Imposes Heavy Fines Under New Traffic Reforms

Sindh’s Minister for Law and Home Affairs, Ziaul Hassan Lanjar, has approved sweeping changes to…

2 days ago

AKU LEADS with micro-credentials: A flexible programme for academic advancement, upskilling and reskilling

Today, the world is changing rapidly more so than ever before with disruptive technological development…

2 days ago

Aeon & Trisl Secures Emaar’s Top Broker Title for Q1 2025 – 7 Quarters in a Row

Aeon & Trisl Real Estate Group has once again claimed the coveted title of Emaar’s…

2 days ago